20 LPA In-Hand Salary Per Month Breakdown
Exact take-home salary, tax liability under New vs Old Regime, and monthly EPF contributions for an annual package of ₹20 Lakhs.
₹20 Lakhs
₹20,00,000 / year
₹1.40 L
After tax & EPF
₹1.92 L
FY 2026-27 Slabs
₹10,000
12% of basic pay
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Understanding Your 20 LPA Package In-Hand Salary
When an employer offers a package of ₹20 Lakhs (20 LPA CTC), your gross monthly pay is ₹1,66,667. However, the actual credited amount in your bank account (net take-home) depends on mandatory statutory deductions such as Employee Provident Fund (EPF), Professional Tax (typically ₹200/month), and Income Tax (TDS).
Key Takeaways for 20 LPA CTC
- For a 20 LPA CTC package, taxable income crosses the Section 87A rebate limit, incurring an annual tax of ₹1,92,400 under the New Regime.
- Net monthly in-hand salary is approximately ₹1,40,433 under the New Regime compared to ₹1,25,137 under the Old Regime without additional deductions.
- Employer NPS contributions under Section 80CCD(2) up to 14% of basic pay can further reduce taxable income.
Old vs New Tax Regime Comparison
Under FY 2026-27 rules, the New Tax Regime offers a standard deduction of ₹75,000 and zero tax for taxable income up to ₹12 Lakhs (via Section 87A rebate). For a 20 LPA package, the New Regime provides an estimated net monthly in-hand salary of ₹1.40 L compared to ₹1.25 L under the Old Regime without extra 80C/80D investments.
Customize 20 LPA In-Hand Calculations
Adjust your exact basic salary percentage, custom allowances, employer NPS, or HRA exemptions to recalculate your take-home pay.
Salary Calculator (In-Hand Take Home Salary)
Calculate monthly in-hand cash take-home pay from CTC after EPF, Gratuity, Professional Tax, and Income Tax deductions.
Yearly NPS: ₹0 (Max 14% of Basic = ₹1.40 L)
Annual net in-hand take-home: ₹16.37 L
New Regime gives higher monthly in-hand cash
You take home ₹15,062/mo more under the New Tax Regime.
Itemized Monthly Salary Slip Breakdown
| Salary Component | Annual (Yearly) | Monthly |
|---|---|---|
| Cost to Company (CTC) | ₹20.00 L | ₹1.67 L |
| Basic Salary (50% of CTC) | ₹10.00 L | ₹83,333 |
| Standard Deduction (Already Applied) | −₹75,000 | −₹6,250 |
| Professional Tax (PT) | −₹2,400 | −₹200 |
| Base Income Tax | −₹1.85 L | −₹15,417 |
| Health & Education Cess (4%) | −₹7,400 | −₹617 |
| Total Income Tax & Cess | ₹1.92 L | ₹16,033 |
| Net In-Hand Cash Take-Home | ₹16.37 L | ₹1.36 L |
CTC Component & Take-Home Distribution
Visual distribution of Annual CTC across In-Hand Cash, Income Tax, and Provident Fund / Retirals.
Official Sources & References
Income Tax
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Direct Peer & Companion Calculators
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Old vs New Tax Regime Break-Even Point 2026: The Deduction Threshold Chart
Exact deduction break-even thresholds from ₹7.5L to ₹50L CTC, Section 87A rebate rules, and why 90%+ taxpayers benefit from New Regime.
Quick 1-Click Goal & Amount Presets
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Compare take-home salary and tax breakdowns across different CTC tiers in India:
Income Tax
Compare calculations across closely related financial tools in this category.
Direct Peer & Companion Calculators
6 tools available80C Tax-Saving & Exemption Solutions
Reduce your tax liability to ₹0 with government-backed 80C & 80CCD schemes.
Old vs New Tax Regime Break-Even Point 2026: The Deduction Threshold Chart
Exact deduction break-even thresholds from ₹7.5L to ₹50L CTC, Section 87A rebate rules, and why 90%+ taxpayers benefit from New Regime.
Quick 1-Click Goal & Amount Presets
Long-Tail pSEO Target PresetsAuthoritative References
- Income Tax Department, Government of India: incometaxindia.gov.in
- Employees’ Provident Fund Organisation (EPFO): epfindia.gov.in